The great secret of investing that over time leads to great fortune is DIVERSIFICATION. Having suffered losses in portfolio earnings during the 2022 bear market, investors can make amendments to their...
Tag: Finance
Lido Finance Records Highest Daily Stake Inflow of Over 150,000 ETH
Liquid staking protocol Lido Finance recorded its highest daily stake inflow on Saturday, with more than 150,000 ether (ETH) staked on the platform. According to Web3 data analytics platform Lookoncha...
Lido Finance Adds A Safety Feature After A Massive Stake Inflow
Lido Finance, a liquid staking protocol, has employed a safety measure to control the staking rate after recording over 150,000 ETH staked in one day. The protocol announced this development via Twitt...
Ceffu (Formerly Binance Custody) to be Custodian of Flynt Finance for Enhanced Asset Security and Off-Exchange Settlement – Press release Bitcoin News
press release PRESS RELEASE. Flynt Finance, a cryptocurrency portfolio management platform, has announced a partnership with Ceffu, formerly known as Binance Custody, to provide its clients with enhan...
Lido Finance activates staking rate limit after more than 150,000 ETH staked
Liquid staking protocol Lido Finance activated a protocol safety feature called “staking rate limit” after more than 150,000 Ether (ETH) was staked with the protocol in a single day. Lido is a liquid ...
French police arrest two suspects over Platypus Finance hack
Platypus Finance, a decentralized finance (DeFi) protocol for stablecoins, yesterday announced that french authorities had arrested and summoned two suspects who had reportedly exploited their platfor...
Tron (TRX) Founder Justin Sun Stakes 150,100 ETH in Lido Finance: Details
Tomiwabold Olajide Lido Protocol registered its largest daily stake inflow so far with 150,000 ETH staked Tron founder Justin Sun’s linked address has pledged about 150,000 ETH to Lido to exchan...
Lido Finance activates Staking Rate Limit as deposits surge above 150,000 ETH
Rather than pausing ETH deposits, Lido Finance, one of the most popular DeFi liquidity staking protocols, has activated the Staking Rate Limit, the dApp, through a tweet on Feb. 25 said. The Staking R...
Frax Finance has voted to fully collateralizing
The community behind the decentralized financial stablecoin protocol Frax Finance has agreed to completely collateralize its native stablecoin Frax (FRAX), putting an end to the network’s previo...
Yield platform Stablegains sued for promoting UST: Finance Redefined
Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you significant developments over the last week. The backlash from the...
Lido Finance reports largest ever daily stake inflow with more than 150,000 ETH staked
Lido Finance said Saturday that it saw the largest daily stake inflow ever on the protocol, with over 150,000 ether worth almost $240 million staked. “Upon reaching this number, a curious ...
Platypus Finance says French police took suspected hackers into custody
Platypus Finance, a decentralized finance protocol on Avalanche, announced that the French National Police have arrested two people suspected of hacking its protocol. The project assisted French law e...
Australia’s Finance Regulator Opens Targeted Review Into Binance
Australia’s financial regulator will carry out a “targeted review’ into Binance’s derivatives business in the country after the company revealed it had classed some users incorrectly. On Thursda...
Platypus Finance to compensate users affected by exploit, more inside
Platypus Finance has laid out compensation plans for users affected by last week’s $9 million exploit. The platform will ensure a compensation of 63%, which may increase to 78% based on a governance v...
Can Finance Wake Up Bed Bath & Beyond As Even Meme Stock Traders Lose Interest?
Fresh finance has given Bed Bath & Beyond time but it needs a strategy fast. (Photo by: Jeffrey … [+] Greenberg/Universal Images Group via Getty Images) Universal Images Group via Getty Imag...
Platypus Finance divulges its plans for recouping
Following the $9.1 million hack, Platypus Finance has sought advice from security professionals to address two of its primary concerns. The first is the ability to retrieve as much of the money as pos...
Britain’s taxes will be cut ‘as soon as we can afford to,’ finance minister says
Finance Minister Jeremy Hunt, in his hotly anticipated inaugural Autumn Statement, unveiled a sweeping £55 billion ($66 billion) fiscal plan. Anadolu Agency | Anadolu Agency | Getty Images U.K. Financ...
Web3 a ‘Golden Opportunity’ for Hong Kong: Finance Secretary
Hong Kong will form a task force bringing together policymakers, regulators, and crypto industry players to set the agenda for its Web3 ambitions, a senior government minister has said. As part of a b...
Yearn Finance Price Analysis: One of the best Defi coin to invest
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Frax Finance to retire algorithmic backing amid stablecoin crackdown
The community of decentralized finance stablecoin protocol Frax Finance has voted to fully collateralize its native stablecoin Frax (FRAX), marking an end to the algorithmic backing of the protocol. T...
Huma Finance raises $8.3 million to enable DeFi borrowing against future income
Deals • February 23, 2023, 11:59AM EST DeFi startup Huma Finance secured $8.3 million in a seed round to build an income-backed lending protocol. Huma’s first product is an on-chain factor...
RenQ Finance (RENQ) Raises $1m! Investors Rush In To Buy Presale
Surrounding the crypto market is gloom and fear that many digital assets won’t recover after a prolonged bear market. But one phenomenal asset is breaking the trend and setting the pace – RenQ Finance...
Hope Finance announces theft of $1.86 million
Hope Finance recently announced that it had been the victim of a $1.86 million theft. The project Tomb-fork, situated in Arbitrum, purportedly sent a tweet mentioning that the perpetrator is apparentl...
Indian Finance Minister Pushes for International Cooperation on Crypto Regulation — Discusses Awareness Campaign – Regulation Bitcoin News
Indian Finance Minister Nirmala Sitharaman has stressed the importance of international cooperation in order to regulate the crypto sector. She also confirmed that Indian regulators’ crypto awareness ...
CEO of Composable Finance Vigorously Refutes Allegations
The current chief executive officer of Composable Financial has vehemently rejected claims of legal improprieties made by Karel Kubat, who formerly served as the chief technical officer of the decentr...
Could It Be Shiba Inu (SHIB), Cardano (ADA), Or RenQ Finance (RENQ)?
It’s the era of cryptocurrencies, we’re living in it and we must take advantage of it! Digital assets stored on blockchain now form a basis of investment for people; since the creation of bitcoin, it ...
Hope Finance Discovers $2 Million Theft From Users’ Funds
A report from a web3 security company, CertiK, revealed that an Arbitrum-based DeFi (decentralized finance) project for stablecoins, Hope Finance, lost $2 million to scammers. Furthermore, the report ...
Arbitrum-based DeFi Initiative Hope Finance Exploited of $2 Million
11 hours ago | 2 mins read Defi News Users claim that a Nigerian citizen carried out the fraud. A Cognitos official conducted an audit of the Hope Finance smart contract on February 13. Users who had ...
Scammer steals $2m user funds from Hope Finance
Arbitrum-based stablecoin was compromised by a well-orchestrated smart contract scam leading to users losing about $2 million from their accounts. CertiK reported the occurrence while responding to Ho...
Hope Finance exploit results in $2M stolen from users’ funds
Prospective users of an Arbitrum-based decentralized finance (DeFi) project have been left out of pocket following a $2 million exploit. Web3 security firm CertiK flagged the incident on Feb. 21, foll...
Hope Finance Scam Leaves Prospective DeFi Users Out of Pocket
After the discovery of a vulnerability with a value of $2 million, potential customers of an Arbitrum-based decentralized finance (DeFi) effort have been left without any financial remedy. This is bec...